Range Resources Corp (RRC) concluded trading on Thursday at a closing price of $34.50, with 2.9 million shares of worth about $99.9 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.17% during that period and on December 05, 2024 the price saw a loss of about -0.83%. Currently the company’s common shares owned by public are about 241.31M shares, out of which, 238.13M shares are available for trading.
Stock saw a price change of -3.06% in past 5 days and over the past one month there was a price change of 12.09%. Year-to-date (YTD), RRC shares are showing a performance of 13.34% which increased to 10.12% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.29 but also hit the highest price of $39.33 during that period. The average intraday trading volume for Range Resources Corp shares is 2.21 million. The stock is currently trading -0.45% below its 20-day simple moving average (SMA20), while that difference is up 6.47% for SMA50 and it goes to 4.23% higher than SMA200.
Range Resources Corp (NYSE: RRC) currently have 241.31M outstanding shares and institutions hold larger chunk of about 96.04% of that.
The stock has a current market capitalization of $8.33B and its 3Y-monthly beta is at 1.83. PE ratio of stock for trailing 12 months is 17.52, while it has posted earnings per share of $1.97 in the same period. It has Quick Ratio of 0.54 while making debt-to-equity ratio of 0.47. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RRC, volatility over the week remained 2.38% while standing at 2.63% over the month.
Stock’s fiscal year EPS is expected to drop by -9.28% while it is estimated to increase by 36.10% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on October 28, 2024 offering a Neutral rating for the stock and assigned a target price of $34 to it. Coverage by Barclays stated Range Resources Corp (RRC) stock as an Equal weight in their note to investors on October 02, 2024, suggesting a price target of $34 for the stock. On October 01, 2024, Wells Fargo Upgrade their recommendations, while on August 20, 2024, Scotiabank Upgrade their ratings for the stock with a price target of $45. Stock get a Neutral rating from Piper Sandler on August 15, 2024.
